Skip to content
Screener

Cleveland-Cliffs CLF Asset write-downs

Asset write-downs at other companies

Nucor logo
NucorNUE
Worthington Steel logo
Worthington SteelWS
Constellium logo
ConstelliumCSTM

Other financials

Income statement

See full
Revenue$5.2B+5.9%
Gross profit$132.0M+162%
Operating income-$49.0M+90.2%
Net income-$134.0M+71.7%
EPS (diluted)-$0.25+74.5%

Balance sheet

See full
Cash & equivalents$70.0M+14.8%
Total debt$7.7B-0.3%
Total equity$5.6B-3.7%
Total assets$20.1B-1.7%

Cash flow

See full
Operating cash flow-$325.0M+7.4%
CapEx$157.0M+40.2%
Free cash flow-$477.0M+5.2%

Valuation

See full
Market cap$6.98B+50.5%
Enterprise value$14.61B+18.8%
P/S0.4×+0.1×

Profitability

See full
Gross margin-1.1%
Operating margin-4.2%-1.5pp
Net margin-4.3%-1.5pp
FCF margin-5.3%-0.3pp

Returns & leverage

See full
Return on equity-14.6%-4.3pp
Debt / equity1.4×0.0×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by Cleveland-Cliffs in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The source filing: Cleveland-Cliffs’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000764065-26-000100
(In millions, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cost of goods sold(5,094)(5,146)(10,098)(10,171)
Selling, general and administrative expenses(154)(137)(279)(270)
Restructuring and other charges(3)(86)(3)(89)
Asset impairment(39)(39)
Miscellaneous – net(24)(27)(30)(38)
Total operating costs(5,275)(5,435)(10,410)(10,607)
Operating loss(49)(501)(262)(1,044)
Other income (expense):

ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Cleveland-Cliffs's asset write-downs?
Cleveland-Cliffs (CLF) reported asset write-downs of $0 in Q2 2026.
How has Cleveland-Cliffs's asset write-downs changed year-over-year?
Cleveland-Cliffs's asset write-downs decreased by 100.0% year-over-year, from $39M to $0.

Ask your AI about Cleveland-Cliffs's asset write-downs.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude